After Being Dormant for Three Years, Rail Terminal in Eddystone Receives Crude Oil from North Dakota

By

Crude oil from North Dakota's Bakken Shale formation is transported to Eddystone.

After being dormant for nearly three years, the rail terminal in Eddystone has started receiving deliveries of crude oil from North Dakota’s Bakken Shale formation as Monroe Energy boosts supply to its refinery in Trainer, writes Jarret Renshaw and Devika Kumar for Reuters.

Rail volumes from North Dakota to the East Coast hit nearly 75,000 barrels per day in June, significantly lower than at the height of the boom, when more than 450,000 barrels per day of Bakken crude went to the East Coast.

The 90,000-barrels-per-day terminal in Eddystone has been receiving Bakken crude for the last month. This is the first time the terminal has received oil since January 2016. The reason for the resumption in shipments is that Monroe Energy is using the terminal to supply its refinery in Trainer.

The reactivation of the terminal’s oil deliveries is being caused by the growing bottleneck from U.S. oil producers, as their production exceeds the capacity of pipelines. The Eddystone terminal was originally built to take advantage of discounted crude coming from North Dakota.

Delta Air Lines subsidiary Monroe Energy used to use the Eddystone terminal regularly before the expansion of pipelines. But now, with the pipeline supply becoming bottlenecked, alternative measures such as rail deliveries are being used.

Read more about the Eddystone’s crude oil deliveries at Reuters here.

[uam_ad id=”62465″]

Join Our Community

Never miss a Delaware County story!

"*" indicates required fields

Hidden
DT Yes
This field is for validation purposes and should be left unchanged.
Advertisement